We Share A Common Thread

Business Savings Rates

Current as of July 15, 2020.

Business Savings Rates
  Account
Balance Any
Dividend Rate* 0.15%
Annual Percentage Yield (APY)** 0.15%
Minimum Average Daily Balance to Earn Dividend N/A
Business Certificates of Deposit Rates
Term Minimum to Open Interest Rate APY**
6 Months $250.00 0.399% 0.40%
12 Months $250.00 0.598% 0.60%
18 Months $250.00 0.698% 0.70%
24 Months*** $250.00 0.698% 0.70%
30 Months $250.00 0.747% 0.75%
36 Months $250.00 0.797% 0.80%
42 Months*** $250.00 0.995% 1.00%
48 Months $250.00 0.995% 1.00%
60 Months $250.00 1.094% 1.10%
To apply for loans, open accounts or to schedule a meeting to discuss your business, contact:

Kara Doyle
VP – Commercial Lending
OFFICE: (978) 323-3242
MOBILE: (978) 479-7150
EMAIL: Kara.Doyle@jdcu.com
Robert Boley
AT – Business Services Advisor
OFFICE: (978) 703-7982
MOBILE: (978) 421-4644
EMAIL: Robert.Boley@jdcu.com
*

Dividends are calculated using the daily balance method which applies a periodic rate to the daily balance in the account for that period.

**

APY=Annual Percentage Yield. Rates effective as of June 22, 2020. A $250 minimum balance is required to open a Certificate of Deposit. A penalty may be imposed for early withdrawal. Upon maturity, certificate may automatically roll into another term. Please check with a Member Service Representative for additional information. A $5.00 Membership Account is required.

***

This Certificate is available with a one-time bump-up option.